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Winning strategies for distributors and manufacturers during an economic downturn

EazyStock

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. What the last recession taught us An article from McKinsey & Company (2022) analyzed the performance of about 40 publicly traded distribution companies during the 2007-2009 recession.

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Vendor Managed Inventory? Think twice and consider the risks!

Supply Chain View from the Field

Historically, businesses have used one of two extremes for inventory management: push-based or pull-based. Push-based inventory management uses demand forecast to manage inventory and replenish from the supply base. The pull-based method relies on the ability to replenish the “pulled” demand.

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What is the Hyperconnected Era & “The Internet Of Things” and What does it Have to Do with Manufacturing & Logistics?

GlobalTranz

Editor’s Note: This is our second post in a collaborative blog post series about mobility in manufacturing & logistics along with Catavolt, who helps manufacturing organizations drive operational excellence with mobile apps. The sheer enormity of digital information that now connects us is mind-blowing.

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The Top 3 Reasons for Label & Packaging Errors in Food Manufacturing

NC State SCRC

The role of packaging is an important contributor to total cost of ownership, as it also impacts cube on trucks, inventory storage, product safety, regulatory compliance, and customer satisfaction. Here are the top 3 reasons why packaging errors occur in the food and drug industries. Packaging Art and Multiple Labels. The same with labeling.

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6 Strategies for Better Supply Chain Management in the Current Economy

Oracle SCM

The years from 2007 through 2009 were notable for their economic volatility, reflected not only in the global economic recession but also the instability of customer demand and rapid movement in raw material, fuel, and commodity prices. They prioritized projects that reduced inventory and logistics expenses. By Maha Muzumdar.

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The 2022 China Singles Day Shopping Holiday- Muted Indications of Growth

Supply Chain Matters

Since this festival was first initiated in November of 2009, involvement among major online shopping platforms has expanded within and outside of China. Other cited information indicated that during the first 12 hours of the final day, Alibaba and other Chinese online retail providers together experienced a 4.7 All rights reserved.

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Treading Water

Supply Chain Shaman

Only 12% of public companies are making improvement during the period of 2009-2015 in both operating margin and inventory despite spending an average of 1.7% of revenues on Information Technology (IT). Over the last decade, managing costs in the supply chain is becoming more and more difficult.